Comment by iso1631

9 days ago

We've seen that some open source licenses make way for American money to steal the monetisation -- Elasticsearch found this to their peril when Amazon swooped in and offered it as a service

The other problem is the ability for American companies and funds to just buy European companies.

If Europe wants to stop this is needs to be very aware of the licensing agreements, and to pass laws to limit foreign investment - like China, India etc do.

No, it needs first to encourage local investment. Companies who seek investors or who get sold do not do it by pleasure, but as a last resort before dying. And in the EU you don't get any offer to save a company that has a limited commercial activity. Many companies die every day by lack of money. It turns our that US etc are willing to take much more risk and invest sufficient money to transform such fragile companies into durable ones. And in the case of software it's great, because software is sold all over the world, and the income serves to hire more local people, so in the end it's a way to really develop EU sales to the rest of the world. It would clearly be better if the investors were EU-based, but at least it's better than nothing that some investors are willing to risk their money on such companies.